Wall Street

Democrats seek to shut 'megabanks' that harm consumers

U.S. House Democrats introduced legislation on Wednesday to direct banking regulators to review operations at the country's largest banks and consider shutting them down if they exhibit repeated wrongdoing to consumers.

S&P ekes out record on health care gains, tax plan hopes

Wall Street edged higher on Thursday, as the S&P 500 eked out a record on gains in McDonald's and healthcare names, while investors continued to hope President Donald Trump will be able to make progress on tax reform.

Wall St gains on financials boost, tax hopes

U.S. stocks rose on Wednesday as gains in financial shares were powered by growing expectations for a December interest rate hike and on hopes President Donald Trump's administration may be making progress on a tax plan.

Yellen lifts dollar as global markets await Trump tax plan

Growing expectations that the U.S. Federal Reserve will raise interest rates for the third time this year lifted the dollar on Wednesday, and European share prices rose as President Donald Trump's administration prepared to outline a new tax plan.

Wall St little changed after Yellen's comments

U.S. stocks were little changed in early afternoon trading on Tuesday after Fed Chair Janet Yellen backed the central bank's plan to raise interest rates gradually, boosting the prospects of a December rate hike.

Wall St little changed after Yellen's comments

U.S. stocks were little changed in early afternoon trading on Tuesday after Fed Chair Janet Yellen backed the central bank's plan to raise interest rates gradually, boosting the prospects of a December rate hike.